Huawei expects 2021 revenue of $99.48 billion, 28.9% down on 2020. In a letter to employees, rotating chairman Guo Ping blamed “an unpredictable business environment, the politicisation of technology, and a growing deglobalisation movement.” US sanctions have denied Huawei acess to leading edge ICs, Android and the US telecoms market. “We need to stick to ...
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